Tag Archives: nyse gd

Lockheed, General Dynamics Added to $135M Army IDIQ

The U.S. Army has added Lockheed Martin (NYSE: LMT) and General Dynamics‘ (NYSE: GD) IT unit to a $135 million firm-fixed-price indefinite-delivery/indefinite-quantity multiple-award-task-order contract.   The award will be split between Lockheed, General Dynamics and three other companies. It is a modification of an existing contract to exercise a one-year option. The bid …

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General Dynamics Acquires Enterprise Services and Cloud Computing Provider; Johnson Comments

General Dynamics (NYSE: GD) has acquired enterprise services and cloud computing provider Network Connectivity Solutions, Corp. for an undisclosed amount. General Dynamics said the move should start increasing its earnings per share in 2012. Maryland-based NETCONN will join General Dynamics’ IT business unit, GDIT. NETCONN supports net-centric IT operations, including …

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General Dynamics to Provide Army with 1, 000 Motors

The U.S. Army has awarded General Dynamics Land Systems (NYSE: GD), Sterling Heights, Mich., an $8, 907, 389 firm-fixed-price contract modification to provide 978 sets of Azimuth brake motors. One bid was solicited, with one bid received. Work will be performed in Lima, Ohio, with an estimated completion date of May …

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General Dynamics NASSCO to Renovate and Modernize USS Harpers Ferry

The U.S. Navy has awarded General Dynamics (NYSE: GD), National Steel and Shipbuilding Co., San Diego, Calif., a $28, 841, 256 modification to a previously-awarded contract for the USS Harpers Ferry (LSD 49) fiscal 2011 extended docking phased maintenance availability. General Dynamics will support an extensive renovation and modernization of …

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General Dynamics, BAE Win Contracts to Support Army Stock Program and Fleet in Kuwait

BAE Systems Land & Armaments, L.P., Santa Clara, Calif.,  and General Dynamics Land Systems, Inc. (NYSE: GD), Sterling Heights, Mich.,  will maintain all tracked vehicles managed by the program manager of the heavy brigade combat team for the Army prepositioned stock program and the theater sustainment stock fleet in Kuwait.  Each company won …

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General Dynamics to Set Battlefield Precedent with Tactical Radio System Order

The U.S. Defense Department has placed a low-rate initial production order with General Dynamics C4 Systems (NYSE: GD) for 6, 250 joint tactical radio system AN/PRC-154 rifleman radios and 100 AN/PRC-155 networking manpack radios. The contract has an initial value of approximately $56.4 million. The award covers expenses for nonrecurring start-up costs, accessories, training, equipment and …

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General Dynamics to Design and Provide Services to Common Missile Compartment for 2 Submarines

The U.S. Navy has awarded General Dynamics Electric Boat Corp. (NYSE: GD), Groton, Conn., a $15, 776, 023 contract modification to provide engineering, technical services, concept studies and a design of a common missile compartment for the United Kingdom Successor SSBN and the Ohio replacement SSBN submarine. Contract funds will …

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GDIT Wins $178M Enterprise Communication Services Order for Defense Intelligence Agency

The Defense Intelligence Agency has awarded General Dynamics‘ (NYSE: GD) IT business a task order worth up to $178 million for enterprise communication services. The order could last five years and is part of DIA’s solutions for the IT enterprise contract. General Dynamics will support enterprise data, voice and video …

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General Dynamics Wins $37M Army Contract to Provide Afghanistan with Ammunition

The U.S. Army has awarded General Dynamics Ordnance and Tactical Systems (NYSE: GD), St. Petersburg, Fla., a $36, 763, 128 firm-fixed-price contract. General Dynamics will provide non-standard ammunition to the government of Afghanistan. Work will be performed in Kabul, Afghanistan, and Kazanlak, Bulgaria, with an estimated completion date of Sept. 30, 2012. …

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General Dynamics Wins Navy Advanced Submarine Technologies Contract

The U.S. Navy has awarded General Dynamics Electric Boat Corp. (NYSE: GD), Groton, Conn., a $12.5 million modification to a previously awarded contract to provide engineering and technical design services. The services will support the research and development of advanced submarine technologies for current and future submarine platforms. The research will include safety, affordability, reliability, …

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